The Daily Stat from Harvard Business Review

 

Are you having trouble viewing this email? If so, click here to see it in a web browser.

June 24, 2014 Insider Trading Is More Commonplace Than You Might Think As many as one-fourth of all mergers and acquisitions of public companies in the U.S. appear to be the targets of undetected insider trading by investors with advance knowledge, according to a New York Times report on research by Menachem Brenner and Marti G. Subrahmanyam of New York University and Patrick Augustin of McGill University. The researchers discovered the instances of what they call "informed trading" through a statistical analysis of stock-option movements; fewer than 5% of the deals became the subject of Securities and Exchange Commission litigation over insider trading. SOURCE: Study Asserts Startling Numbers of Insider Trading Rogues

PREVIOUS STATS You're More Likely to Reject Hierarchies if You Feel Unattractive Threats on Your Left Are Scarier than Those on Your Right Venture Capitalists' Ethnic Favoritism Pays Off for Them U.S. Government's Pipeline of Young Workers Is Drying Up Hospital Deaths Rise Markedly Once Occupancy Hits a Tipping Point A Key Ingredient for Creating Start-Ups: Young People

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT HBR Guide to Building Your Business Case Ebook + Tools HBR Press Book This enhanced eBook version of the HBR Guide to Building Your Business Case includes downloadable tools and templates to help you get started on your own case right away. You've got a great idea that will increase profitability or productivity—but how do you get approval for the budget and resources to make it happen? By building a business case that clearly shows your idea's value. Available exclusively through HBR.org. Buy Now

FEATURED PRODUCT HBR Guide to Finance Basics for Managers eBook + Tools HBR Paperback Series Money. For a business, it might as well be oxygen. If you don't know how to manage it effectively, your company – and potentially your career – is likely to suffer. The problem is, many businesspeople don’t have a sufficient grasp of the common financial management tools and techniques that they need to survive – balance sheets, income statements, break-even analyses, financial ratio calculations and more. But there's no need to fear. The HBR Guide to Finance Basics for Managers eBook + Tools can help you master the fundamentals of finance or even teach them to others. Buy Now

ADVERTISEMENT

HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2014 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)